Mcgrath Rentcorp (MGRC) Interest Expenses (2010 - 2026)
Mcgrath Rentcorp's (MGRC) quarterly Interest Expenses came in at $7.1 million in Q2 2026, down 8.75% YoY from $7.8 million in Q2 2025, and down 14.4% on a QoQ basis from $8.3 million in Q1 2026.
Mcgrath Rentcorp (MGRC) Interest Expenses (2010 - 2026) Analysis & Trends
Mcgrath Rentcorp (MGRC) has 17 years of Interest Expenses data on file, last reported at $7.1 million in Q2 2026.
- Quarterly Interest Expenses fell 8.75% year-over-year to $7.1 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $5.3 million (up 211.2% YoY) and the FY2025 annual result came in at $30.6 million, down 36.63% from the prior year.
- Interest Expenses declined to $7.1 million in Q2 2026, from $8.3 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $14.2 million in Q1 2024 to a low of -$34.3 million in Q4 2024.
- A 5-year average of $5.0 million and a median of $8.2 million in 2025 frame the typical range for Interest Expenses.
- Annual changes were most pronounced in 2022 — Interest Expenses jumped 202.86% — and 2024, when it slumped 382.89%.
- Tracing MGRC's Interest Expenses over 5 years: stood at $4.2 million in 2022, then surged by 190.58% to $12.1 million in 2023, then tumbled by 382.89% to -$34.3 million in 2024, then surged by 46.51% to -$18.3 million in 2025, then soared by 138.77% to $7.1 million in 2026.
- The last three Interest Expenses figures came in at $7.1 million (Q2 2026), $8.3 million (Q1 2026), and -$18.3 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Sunbelt Rentals Holdings | 33.73 Bn | 33.70 Bn | 978.00 Mn | 116.00 Mn |
| 2 | AerCap Holdings | 23.44 Bn | 23.44 Bn | 2.02 Bn | 468.47 Mn |
| 3 | U-Haul Holding | 14.47 Bn | 14.47 Bn | - | - |
| 4 | Ryder System | 10.02 Bn | 10.02 Bn | 1.45 Bn | 97.00 Mn |
| 5 | Gatx | 6.36 Bn | 6.36 Bn | 555.30 Mn | 900,000.00 |
| 6 | Herc Holdings | 5.77 Bn | 5.72 Bn | 713.00 Mn | 51.00 Mn |
| 7 | Avis Budget | 4.97 Bn | 4.41 Bn | - | 108.00 Mn |
| 8 | WillScot Holdings | 4.22 Bn | 4.20 Bn | 306.26 Mn | 53.48 Mn |
| 9 | Mcgrath Rentcorp | 2.97 Bn | 2.97 Bn | 107.91 Mn | 7.11 Mn |
| 10 | Custom Truck One Source | 2.45 Bn | 2.44 Bn | 123.97 Mn | 13.35 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 7.11 Mn |
| Jun 30, 2026 | 7.11 Mn |
| Mar 31, 2026 | 8.31 Mn |
| Mar 31, 2026 | 8.31 Mn |
| Dec 31, 2025 | -18.35 Mn |
| Dec 31, 2025 | -18.35 Mn |
| Sep 30, 2025 | 8.18 Mn |
| Sep 30, 2025 | 8.18 Mn |
| Jun 30, 2025 | 7.80 Mn |
| Jun 30, 2025 | 7.80 Mn |
| Mar 31, 2025 | 9.15 Mn |
| Mar 31, 2025 | 9.15 Mn |
| Dec 31, 2024 | -34.30 Mn |
| Dec 31, 2024 | -34.30 Mn |
| Sep 30, 2024 | 12.64 Mn |
| Sep 30, 2024 | 12.64 Mn |
| Jun 30, 2024 | 13.04 Mn |
| Jun 30, 2024 | 13.04 Mn |
| Mar 31, 2024 | 14.18 Mn |
| Mar 31, 2024 | 14.18 Mn |